Towsley Fund helps students seeking career in health care

Published
8:00 pm EDT, Wednesday, April 11, 2007

MidMichigan Medical Center-Midland is accepting loan applications for the W.D. Towsley Memorial Fund. The fund, established by the late family practitioner W.D. Towsley, M.D., in 1971, was established for students accepted into a health career college program in need of financial aid.

A Midland physician, Dr. Towsley believed strongly in providing educational opportunities for qualified young people studying to be health professionals. The W.D. Towsley Fund has assisted hundreds of students over the years with achieving their goals in the health care field.

"The W.D. Towsley Fund is a great opportunity for us to assist students seeking a career in health care. These students are the future of the industry," said Jack McCandless, chairman of the W.D. Towsley Fund committee. "In fact, health care continues to be an industry that is growing in Michigan. It is an honor for MidMichigan to support this field and the dreams of the students who are working toward their own future in health care."

Loan applicants must be from the Midland area and are evaluated by a committee based on need, academic record and personal recommendations. Requirements include prior acceptance into an accredited health career program such as, but not restricted to, nursing, medical or dental school, respiratory therapy, physical or occupational therapy, or radiology technician programs. Preliminary or preparatory programs, such as pre-dental or pre-med, do not qualify for this loan.

W.D. Towsley loans are interest free if paid back within a year after graduation. One year after graduation, the loans begin to accrue interest at a specified rate. All loans must be repaid in full within five years so that other students can be helped.